NU E Power Corp. Announces Upcoming Appointment of Hon. Tony Clement to Board of Directors to Support Advanced Energy and SMR Strategy

Rhea-AI Summary

NU E Power Corp (OTC: NUEPF) announced the expected appointment of the Hon. Tony Clement to its board following the Annual General Meeting on December 18, 2025. Clement brings decades of federal and provincial senior government experience and recent public advocacy on nuclear innovation and Small Modular Reactors (SMRs).

The company said his expertise will support Nu E's expansion into advanced energy including grid-scale renewables, hybrid systems for data centres and SMR-enabled baseload generation, and strengthen governance, regulatory insight, and capital markets engagement as the company scales into large-format energy assets.

Positive

• Board appointment expected on December 18, 2025
• Adds decades of federal and provincial government experience
• Brings public advocacy and advisory background in SMR policy
• Company cites strengthened governance and regulatory insight

Negative

• None.

Calgary, Alberta--(Newsfile Corp. - December 9, 2025) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) ("Nu E" or the "Company") is pleased to announce that the Honorable Tony Clement, former Canadian Cabinet Minister, is expected to be appointed to the Company's Board of Directors following its upcoming Annual General Meeting (AGM) to be held on December 18, 2025. Mr. Clement's appointment represents a significant strategic addition to Nu E as the Company continues to expand its focus beyond conventional renewable power into next-generation energy infrastructure, including nuclear power and Small Modular Reactor (SMR) applications that support resilient, low-carbon baseload power for data centers, industrial loads, and national grid modernization.

Strategic Energy & Nuclear Expertise

Mr. Clement brings decades of senior leadership experience across federal and provincial government, including serving as:

• Canada's Minister of Industry
• President of the Treasury Board
• Minister of Health
• Senior Minister in multiple Ontario government portfolios including Infrastructure, Environment, and Transportation

More recently, Mr. Clement has become an increasingly visible advocate for Canada's leadership in nuclear innovation, including active involvement in Small Modular Reactor (SMR) policy forums and advisory initiatives, where he has supported the development of:

• Distributed nuclear power for industrial and remote applications
• Clean baseload generation for advanced manufacturing and digital infrastructure
• Long-term decarbonization strategies aligned with national security and economic independence

Nu E views this expertise as highly complementary to the Company's development strategy across:

• Grid-scale renewable power
• Hybrid power systems for data centres and industrials
• Advanced nuclear and SMR-enabled infrastructure
• Baseload generation supporting compute, AI, and electrification growth

Governance, Policy & Capital Markets Impact

The Company believes Mr. Clement's appointment will materially strengthen:

• Board-level governance and institutional credibility
• Federal and provincial regulatory insight
• Infrastructure permitting and stakeholder strategy
• International development and sovereign-level engagement
• Capital markets confidence as Nu E scales into large-format energy assets

Broderick Gunning, Chief Executive Officer of NU E Power Corp., commented:

"We are extremely excited to welcome Tony Clement to our Board at this important stage in Nu E's growth. His experience at the highest levels of Canadian government, combined with his direct participation in nuclear and Small Modular Reactor initiatives, adds a powerful strategic dimension to our platform. As energy demand accelerates from AI, data centres, electrification, and industrial reshoring, clean baseload power—particularly SMRs—will play a defining role. Tony's leadership, governance background, and policy insight position Nu E to responsibly participate in that future as we head into 2026."

About NU E Power Corp.

NU E is a multi-stage power developer that converts land and grid access into institutional-grade energy assets. NU E develops next-generation power sites for the digital and global power economies. Combining renewables, grid, gas, nuclear and battery storage—NU E delivers scalable, reliable, and optimized energy sites.

Contact Information

For more information, please contact:

Broderick Gunning, Chief Executive Officer E-mail: brodie@nu-ecorp.com

John Newman, Chief Financial Officer E-mail: john@nu-ecorp.com

 

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor ‎disapproved of the contents of this press release.‎

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the timing of Mr. Clement's appointment and the perceived benefits of his appointment and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277394

FAQ

Who is being appointed to the Nu E Power Corp board and when will it take effect (NUEPF)?

The Hon. Tony Clement is expected to be appointed to the board following Nu E's Annual General Meeting on December 18, 2025.

What experience does Tony Clement bring to Nu E (NUEPF) for SMR and nuclear strategy?

Clement brings decades of federal and provincial senior government service and recent involvement in SMR policy forums and advisory initiatives.

How will Tony Clement's appointment affect Nu E's focus on SMRs and data centre power (NUEPF)?

The company says his expertise complements Nu E's expansion into grid-scale renewables, hybrid systems for data centres, and SMR-enabled baseload generation.

Will Tony Clement's appointment influence Nu E's regulatory or capital markets position (NUEPF)?

Nu E stated the appointment is expected to strengthen board governance, federal and provincial regulatory insight, stakeholder strategy, and capital markets confidence.

Is Tony Clement a current government minister and does his role change Nu E's operations immediately (NUEPF)?

Tony Clement is a former federal and provincial minister; the appointment is expected after the Dec 18, 2025 AGM and represents a strategic board addition rather than an operational management change.